EADS is looking for a suitable US partner to possibly offer the A400M military transport aircraft to the Pentagon.
EADS is looking for a suitable US partner to possibly offer the A400M military transport aircraft to the Pentagon. Aviation Week reports that executives from EADS North America have held discussions with both Northrop Grumman and Lockheed Martin about assembling the A400M in the US if it can grab a contract from the DoD. According to John Young, director of tanker programmes at EADS North America, there is a “huge opportunity” for the transport aircraft in the US defence market to replace up to 450 ageing C-130s. (more…)
US airlines accumulate losses in the face of surging fuel costs.
US airlines accumulate losses in the face of surging fuel costs. After American Airlines and Delta, United Airlines and US Airways also reported huge losses in the second quarter -at $ 2.7Bn and $ 567M respectively. (more…)
Emirates is the symbol of Dubai’s dynamism, reports L’Express.
Emirates is the symbol of Dubai’s dynamism, reports L’Express. Next July 28, it will take delivery of its first Airbus A380 in Hamburg. The airline has ordered 58 superjumbos in total -worth more than $ 20Bn. (more…)
Airbus, Safran and Caisse des Depots yesterday announced the creation of a € 75M investment fund aimed at supporting SMEs in the French aeronautics sector.
Airbus, Safran and Caisse des Depots yesterday announced the creation of a € 75M investment fund aimed at supporting SMEs in the French aeronautics sector. La Tribune says this fund, named Aerofund II, clearly has one goal: pushing further the consolidation of the aeronautics industry. (more…)
Airbus’s commercial future is bright, writes Prof.
Airbus’s commercial future is bright, writes Prof. Philip Lawrence, Director of the Aerospace Research Centre in Bristol, in a letter to Financial Times. Airbus has been paying the price of earlier management mistakes on its A380 programme. (more…)
Thomas Enders reiterated at a conference in Toulouse yesterday that the weak dollar was a “deep, substantial problem ” for Airbus.
Thomas Enders reiterated at a conference in Toulouse yesterday that the weak dollar was a “deep, substantial problem ” for Airbus. He warned that the company was preparing for a “sustained period of low dollar”. (more…)
Louis Gallois is confident that EADS will soon find investors for the Airbus sites
Louis Gallois is confident that EADS will soon find investors for the Airbus sites it seeks to sell in France and Germany. According to him, “the euro quotation at $1.58 is the reason why investors hesitate to invest into the aviation sector”. Suddeutsche Zeitung
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